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  • In re JMO Wind Down, Inc.

    Publication Date: 2018-05-02
    Practice Area: Bankruptcy
    Industry: Investments and Investment Advisory | Technology Media and Telecom
    Court: U.S. Bankruptcy Court
    Judge: Judge Shannon
    Attorneys: For plaintiff: Michael R. Nestor, Peter M. Gihuly and Andrew R. Gray for Jumio Acquisition; Adam G. Landis, Shanti M. Katona and George W. Shuster, Jr. for debtors and liquidating trustee
    for defendant: Matthew B. Heimann, Charles A. Stanziale, Jr. Steven A. Beckelman, Jeffrey T. Testa and Kate Roggio Buck for Bloso Investments; Leo D. Plotkin, Andrew John Roth-Moore, Christopher C. Cooke, Michael G. Busenkell, Bryan L. Bates, Charles E. Dorkey, III, Thomas F. Driscoll, III, Ian C. Bifferato, Kimberly Gattuso, Todd Charles Schiltz, Michael L. Bernstein, William P. Bowden and “J” Jackson Shrum for remaining parties.
    Case Number: D68121

    Bankruptcy court determined that a partys state court claims were derivative rather than direct claims, and therefore they belonged to the liquidating trustee.

  • In re Taylor-Wharton Intl LLC

    Publication Date: 2018-05-02
    Practice Area: Bankruptcy
    Industry: Manufacturing
    Court: U.S. Bankruptcy Court
    Judge: Judge Shannon
    Attorneys: For plaintiff: Patrick A. Jackson for Worthington Cryogenics, LLC
    for defendant: Derek J. Baker and Emily K. Devan for debtors.
    Case Number: D68125

    Purchaser of debtors assets was not entitled to reformation of contract based on mutual mistake because purchaser was a sophisticated party and failed to exercise due diligence.

  • In re Taylor-Wharton Intl LLC

    Publication Date: 2018-04-25
    Practice Area: Bankruptcy
    Industry: Manufacturing
    Court: U.S. Bankruptcy Court
    Judge: Judge Shannon
    Attorneys: For plaintiff: Patrick A. Jackson for Worthington Cryogenics, LLC
    for defendant: Derek J. Baker and Emily K. Devan for debtors.
    Case Number: D68125

    Purchaser of debtors assets was not entitled to reformation of contract based on mutual mistake because purchaser was a sophisticated party and failed to exercise due diligence.